Costa Rica: NO to Higher Tariff on Rice

The Economy Ministry has rejected a request by producers to temporarily raise the tax on imported grain, but has not ruled out doing so from December 2014.

Wednesday, October 29, 2014

From a statement issued by the Ministry of Economy, Industry and Commerce (MEIC):

The Ministry of Economy, Industry and Commerce (MEIC), through Resolution 051-2014-DM has decided, after a thorough technical analysis in which it was determined that there exists a causal relationship between an increase of the imports of husked rice contemplated and the threat of harm to the domestic industry, not to apply provisional safeguard measures on imports of the product concerned.

The MEIC believes that it has not been demonstrated that there are critical circumstances that warrant the application of a preliminary injunction, which would seek to preemptively protect the domestic industry until the research process is concluded. Likewise, because of the little time remaining in the process (one month) its imposition is not logical or rational.



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More on this topic

Costa Rica: Local Rice 20% More Expensive than Imported Rice

February 2016

The gap gets bigger and industrialists have once again brought the subject up for discussion by asking for a repeal of the decree which since June 2015 has fixed grain prices in the country.

Despite the fact that since 2009 the international price has been consistently below the local price, in Costa Rica the government insists on protecting producers, who are opposed to the request made by industrialists to eliminate the decree which has kept prices fixed since June 2015. The formal request for derogation was submitted in November 2015 by the National Association of Manufacturers in the Rice Sector (Aninsa).

Costa Rica: Attempts to Stop Rice Imports

June 2014

Rice producers fear not being able to sell their rice harvest because of the entry of rice from countries such as Argentina, Brazil and Uruguay at much lower prices than local ones.

"At great risk are 60,000 hectares of rice, for which there is no known market for this production because Costa Rica is being invaded by milled rice imports from southern countries (Argentina and Uruguay)," said the new President of the National Assembly of Rice Producers, Domingo González. "

Costa Rica: Investment in Rice Industry

October 2013

In the last year 11 rice industries invested $14 million to deal with changes in the international market and local pricing.

Nacion.com reports: "These investments are being made in the new context that is expected with the liberalization of grain prices from 1 March 2014 and the start, two years later, of the gradual reduction of 35% tariffs on imports from the U.S.".

Excess Rice in Costa Rica

October 2011

A decree fixing prices has distorted normal market functioning, and caused overproduction of 19,000 tonnes.

The productive sector, together with representatives from the government agreed that the excess production will be acquired by various distributors.

Leticia Vindas writes on the website of El Financiero "...

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